24 Sep 2014 11:14
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Nyota Minerals Information
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Don't have an account? Click here to register.Nyota Minerals unveils gold feasibility study for Tuli Kapi project
Thu, 31st Jan 2013 11:36
AIM-listed East African gold exploration and development company Nyota Minerals has unveiled details of a feasibility study for its Tulu Kapi Gold Project.The study confirmed the technical and economic feasibility of a 105,000 troy ounce per annum open pit operation.The group further announced that it had completed a feeder zone drilling below the proposed open pit mine which had intercepted high grades of gold and provided an initial in-house inferred resource of 1.1m tonnes at an average grade of 5.4 grams per tonne for 188,000 ounces of gold.Nyota Chief Executive Officer, Richard Chase, said: "This has been a pivotal quarter for Nyota during which we demonstrated the positive economic and technical fundamentals of developing our first project within the Tulu Kapi project area. "Our activities in the first quarter of 2013 will focus on the mining licence application, and in particular cementing the fiscal terms, optimising the economics of the initial open pit and an initial assessment of the underground opportunity." MF
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18 Aug 2014 12:43
18 Aug 2014 11:03
31 Jul 2014 11:25
16 Jun 2014 09:28
KEFI Minerals' Exploration Licence For Tulu Kapi Project Is Renewed
LONDON (Alliance News) - KEFI Minerals PLC Monday said Ethiopia's Ministry of Mines has renewed its exploration licence for the Tulu Kapi gold project until May 2015. KEFI said the ministry also is in the process of renewing the strategic exploration licences adjacent to Tulu Kapi. Th
Read more11 Jun 2014 09:31
Nyota Minerals agrees sale of final Tulu Kapi stake to Kefi Minerals
Gold explorers Nyota Minerals and Kefi Minerals have signed a conditional agreement for Nyota to sell its final 25% interest in the Tulu Kapi Gold Project to Kefi for a total of £1.5m. Under the deal, Nyota will receive £0.75m in cash and 50m new Kefi shares. This will take its stake in Kefi from
Read more11 Jun 2014 07:31
UK MORNING BRIEFING: Sainsbury's Leads FTSE 100 Gainers
LONDON (Alliance News) - Sainsbury's leads FTSE 100 gainers at the open Wednesday despite reporting its second consecutive decline in quarterly sales.
However, the overall market has opened lower, depressed by a group of ex-dividend stocks such as VodafoneRead more
11 Jun 2014 06:54
KEFI Minerals Buys Nyota's Remaining Stake In Tulu Kapi Gold Project
LONDON (Alliance News) - Nyota Minerals Ltd Wednesday said it has entered a deal with KEFI Minerals PLC to sell its remaining 25% in the Tulu Kapi Gold project in Ethiopia for GBP1.5 million in cash and shares, after failing to fund its cash calls for the site. The gold exploration company
Read more14 May 2014 10:35
Kefi Minerals Increases Targeted Production Rate At Tulu Kapi
LONDON (Alliance News) - Kefi Minerals PLC Wednesday said it has increased the targeted open pit mine production at its newly acquired Tulu Kapi gold project in Ethiopia. The gold and copper exploration and development company, with operations in Saudi Arabia and Ethiopia, said its targeted
Read more30 Apr 2014 16:06
Nyota Minerals Makes Significant Cuts To Overheads
LONDON (Alliance News) - Nyota Minerals Ltd Wednesday said it made significant cuts to corporate overheads in the three month ended March 31, 2014. The Australia-based gold exploration and development company with operations in Ethiopia said it made good cuts to corporate overheads in the q
Read more31 Mar 2014 09:38
Nyota Minerals Announces No Material Changes From Northern Block Report
LONDON (Alliance News) - Nyota Minerals Ltd Monday said SRK Exploration has completed its Competent Person's Report on the company's Northern Block in Ethiopia and there have been no material changes to its previously reported data for the site. The gold exploration company in East Africa s
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